A cycle dealer offers a discount of 10 % and still makes a profit of 26 % . What does he pay for a c

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7.Profit and Loss

medium

A cycle dealer offers a discount of $10 \%$ and still makes a profit of $26 \% .$ What does he pay for a cycle whose marked price is $Rs.\,840$? (in $Rs.$)

A

$600$

B

$650$

C

$700$

D

$750$

Solution

Let, the $C.P.$ of cycle be $₹ x$

Now, according to the question,

$840 \times \frac{90}{100}=\frac{x \times 126}{100}$

$\Rightarrow \quad x \times 126=840 \times 90$

$\Rightarrow \quad x=\frac{840 \times 90}{126}=Rs. 600$

Standard 13

Quantitative Aptitude

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